308 Possible 81 GTSi Purchase - Ferrari Life
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post #1 of 74 Old 11-19-2013, 10:05 AM Thread Starter
 
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Possible 81 GTSi Purchase

Looking at an 81 308 GTSi. Have a friend checking it out now. It is going to auction soon. It has a solid engine and transmission. No smoke or leaks. It does need a belt service, tires, one PW does not work, and turn signals do not work. Was thinking of offering 24K to 25K. Thoughts?
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post #2 of 74 Old 11-19-2013, 10:10 AM
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If you can get a basically good 308 for that price, it will leave you plenty of money to get the little details fixed.

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post #3 of 74 Old 11-19-2013, 10:46 AM
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80-82 308's are the weakest in the market.

As of now Ferrari Market Letter's asking price index shows those at $29.7. Not an infallible source but remember that is asking price for presumably a car that needs nothing. You're talking about a car that needs 7 grand or so of work that you know about.

Also it is winter, or close to it. Not lots of buyers this time of year.

Last but not least, you say it is up for auction? Not usually a good sign. Good cars usually get sold in more conventional ways.

My offer would be more like 20, tops.
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post #4 of 74 Old 11-19-2013, 11:04 AM Thread Starter
 
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I know those are the weakest as far as desirability. But I understand them to be pretty solid once brought up to spec. What should I expect for a belt service on those? I was estimating $1K to $2K (as they are engine in). Then the turn signals, power windows not sure. In addition, one pop up headlight does not pop up. I know those can be expensive depending on the parts needed. I suppose it wouldn't hurt to start in the $20K range and see what they say. The TRX tires I hear are expensive, but would consider trying to get the 16" wheels. . I am also looking at an 83 QV that needs nothing in the mid $30s..so trying to assess the better decision. Both cars have around 40,000 miles. At what price does the 81 become a better deal than the "perfect" 83?
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post #5 of 74 Old 11-19-2013, 11:11 AM Thread Starter
 
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post #6 of 74 Old 11-19-2013, 12:01 PM
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Car looks like it still has TRX wheels. Only TRX tires will fit. Lots of money for very average tires.

I would assume it needs not only belts but a water and fuel rehose as well. Prob a waterpump too. Belts, window, headlight. Over priced tires or better, good tires and a set of 16 inch wheels, turn signals and whatever we don't know. Like I said 6 or 7 G's will go fast.

QV is a better car in many ways although the 84/85 was better. QV looks like 8 or so grand more and worth it in my opinion. Don't forget, at the back end you get that back.
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post #7 of 74 Old 11-19-2013, 12:24 PM
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Quote:
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Car looks like it still has TRX wheels. Only TRX tires will fit. Lots of money for very average tires.

I would assume it needs not only belts but a water and fuel rehose as well. Prob a waterpump too. Belts, window, headlight. Over priced tires or better, good tires and a set of 16 inch wheels, turn signals and whatever we don't know. Like I said 6 or 7 G's will go fast.

QV is a better car in many ways although the 84/85 was better. QV looks like 8 or so grand more and worth it in my opinion. Don't forget, at the back end you get that back.
Brian, which 308 would you rate the a) overall best, b) most reliable, c) most balanced, driving suspension wise ? 308 carb, 308i , QV or 308 GT / 4 ?
Some of my "Real driver" Friends here told me the GT/4 to be most balanced?!

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post #8 of 74 Old 11-19-2013, 12:48 PM
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Brian, which 308 would you rate the a) overall best, b) most reliable, c) most balanced, driving suspension wise ? 308 carb, 308i , QV or 308 GT / 4 ?
Some of my "Real driver" Friends here told me the GT/4 to be most balanced?!


They are correct. The unloved GT4 has the best weight distribution and the stiffest chassis.

No coincidence the race cars were GT4 based. I also feel like I am sitting in a green house when I am driving one. To me a GT4 with a 328 motor would be a really great car but then I have always liked Bertone designs.


All the 308's were great cars and there is enough variety there is something there for everybody.


As far as best overall I need to vote for the 328 but the 84/85 QV is very good.

Last edited by Brian; 11-19-2013 at 01:34 PM.
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post #9 of 74 Old 11-19-2013, 02:29 PM
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Value of the i cars is really subjective to the person wanting one.... I've met a few.... QVs are just better cars, just like 328s are just better QVs. TRX tires are ridiculously priced and weren't that great when they were new. Do yourself a favor, follow Brian's advice. If you love a 308 and want an enjoyable somewhat reliable experience get a QV or a 328.

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Last edited by barcheta; 11-19-2013 at 02:35 PM.
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post #10 of 74 Old 11-19-2013, 03:11 PM
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I would also encourage you to look at GT4's if you want a 308 on the lower end of the price point. It is indeed a far better driving and more comfortable car than the standard 308 particularly a GTSi. Once you fit a set of 16" wheels with decent tires, have the cams reground, the carbs retuned fit a good exhaust system and have an absolute blast.

They do look very cool when in good condition as well. The GT4 is a much more rewarding money pit than a GTSi.


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post #11 of 74 Old 11-19-2013, 04:38 PM
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I've got a GT4 here in the shop for some good old fashioned TLC. She's a stunning example and the more I look at her, the more I like the lines. Although the rubber bits are a bit tired after all the years, the body is straight and rust free! And to Josh's point, this one sure does look sweet with 16" wheels. In my opinion, a far better choice than any 2-valve injected car...

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post #12 of 74 Old 11-19-2013, 05:13 PM
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I've got a GT4 here in the shop for some good old fashioned TLC. She's a stunning example and the more I look at her, the more I like the lines. Although the rubber bits are a bit tired after all the years, the body is straight and rust free! And to Josh's point, this one sure does look sweet with 16" wheels. In my opinion, a far better choice than any 2-valve injected car...


I thought about making a serious stripped out, acid dipped track car out of one.

When I sat back and thought about spending 50G's and building a car worth 20 I came to my senses.
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post #13 of 74 Old 11-19-2013, 06:14 PM
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If I were the OP buyer, I would heed the invaluable advices given by these "Lords".

Absolutely, precious comments.

Of course, I am from a different planet so I cannot contribute any sage comments, but the least, a pic or two of the car.

w/ smiles

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post #14 of 74 Old 11-19-2013, 06:29 PM
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Excellent contribution Jimmy

A Hot Rod GT4 would be a lot of fun, like a street tracker Sportster with a 1200 kit.


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post #15 of 74 Old 11-19-2013, 06:34 PM
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post #16 of 74 Old 11-19-2013, 07:55 PM
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Oh yeah

Almost on cue...


Ferrari 308 308GT4 | eBay

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post #17 of 74 Old 11-19-2013, 08:56 PM
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I like the Black/Black, should have left the body alone though. The add ons make the car look like a kids toy.


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post #18 of 74 Old 11-19-2013, 09:23 PM
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Quote:
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I thought about making a serious stripped out, acid dipped track car out of one.

When I sat back and thought about spending 50G's and building a car worth 20 I came to my senses.
My mechanic prepared a 308 GT/4 for himself to race 2 or 3 Swiss historic mountain races, which he normally wins or places on the Podium. He took me with him for a 30 minutes tour. It was breathtaking and I was wondering if I could follow him in, lets say, a Scud. The 308 GT/4 was so balanced and stable, almost unreal for a classic car. He told me afterwards that with any car, ist important to find a really good car and those are, unimportant of type, always difficult or expensive to find. So back to the Initial start/question of a the thread. Cheap (in relative type indicated term) cars are almost never good, expensive cars "may" be good.

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post #19 of 74 Old 11-19-2013, 09:37 PM
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I'm biased toward Gt4s but the GTS is a sweet ride. None of the 308s are going to be fast by today's standards. That's not why you buy one.
Buying any Ferrari without a PPI is a gamble and you should pay below market.
I assume that it needs the usual refurbs. Fuel lines, coolant system, suspension bushings and probably more. New sixteen inch wheels and tires are cheaper than replacing the TRXs but add them in and you're looking at another 10 to 15K.
The conventional wisdom is to buy the best car you can afford not to look for a bargin. Bargains tend to be the most expensive in the long run.

Thanks for the kind words Dave.
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post #20 of 74 Old 11-20-2013, 10:47 AM Thread Starter
 
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They ended up selling the 81 GTSi...so was not meant to be. I ended up figuring between $8K to $10K not counting what I did not know. Even if I got at $20K...I would have $30K in a GTSi. I think at that point, I would rather get a QV, or 328. I do like the GT4s....they are "weird" looking, but as my first car was a Fiat X1/9...I love angular Bertone designs. (Sadly I also like the Porsche 914s) If the right GT4 at the right price came along, I would get...but if priced the same as a GTS...I cannot help but love the lines of that a little better. I am also just enjoying the process :-)
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